Travel & Leisure (TNL) Long-Term Debt Issuances (2009 - 2026)
Travel & Leisure (TNL) reported Long-Term Debt Issuances of $1.39 billion for Q3 2026, down 6.6% from $1.48 billion a year earlier and down 18.4% from the prior quarter.
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Analysis
Travel & Leisure (TNL) Long-Term Debt Issuances (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Travel & Leisure's Long-Term Debt Issuances came in at $5.43 billion, up 25.1% year-over-year; for FY2025, it came in at $4.38 billion, up 17.9% from FY2024.
- Long-Term Debt Issuances has a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- By year, Long-Term Debt Issuances came in at $3.72 billion in FY2024 (-6.1%), $3.96 billion in FY2023 (+81.4%), $2.18 billion in FY2022 (+5.3%) and $2.07 billion in FY2021 (-36.6%).
- Five-year quarterly Long-Term Debt Issuances spans a low of $179 million in Q2 2022 and a high of $1.7 billion in Q2 2026.
- Year over year, Long-Term Debt Issuances gained in six of the last eight quarters, with growth averaging 21.8%.
- The high point for year-over-year Long-Term Debt Issuances in five years was Q2 2023 (growth of 457.5%); the low point was Q2 2024 (a decline of 33.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.7 billion (Q2 2026), $1.35 billion (Q1 2026) and $1 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Marriott International | 110.68 Bn | 108.95 Bn | 1.54 Bn | 1.23 Bn |
| 2 | Royal Caribbean Cruises | 89.14 Bn | 86.08 Bn | 2.88 Bn | 1.51 Bn |
| 3 | Hilton Worldwide Holdings | 84.27 Bn | 81.00 Bn | 3.05 Bn | - |
| 4 | Carnival | 42.55 Bn | 35.73 Bn | - | - |
| 5 | Viking Holdings | 40.29 Bn | 25.41 Bn | 996.62 Mn | 463.97 Mn |
| 6 | Trip.com | 28.08 Bn | -16.96 Bn | 1.84 Bn | - |
| 7 | Intercontinental Hotels | 27.09 Bn | 23.05 Bn | - | - |
| 8 | Hyatt Hotels | 17.83 Bn | 15.25 Bn | 384.00 Mn | 150.00 Mn |
| 9 | H World | 15.45 Bn | 6.85 Bn | 456.00 Mn | 247.00 Mn |
| 10 | Travel & Leisure | 4.77 Bn | 4.77 Bn | 1.08 Bn | 1.39 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.39 Bn |
| Jun 30, 2026 | 1.70 Bn |
| Mar 31, 2026 | 1.35 Bn |
| Dec 31, 2025 | 1.00 Bn |
| Sep 30, 2025 | 1.48 Bn |
| Jun 30, 2025 | 763.00 Mn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | 961.00 Mn |
| Sep 30, 2024 | 1.15 Bn |
| Jun 30, 2024 | 669.00 Mn |
| Mar 31, 2024 | 937.00 Mn |
| Dec 31, 2023 | 1.35 Bn |
| Sep 30, 2023 | 862.00 Mn |
| Jun 30, 2023 | 998.00 Mn |
| Mar 31, 2023 | 751.00 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Sep 30, 2022 | 520.00 Mn |
| Jun 30, 2022 | 179.00 Mn |
| Mar 31, 2022 | 476.00 Mn |
| Dec 31, 2021 | 1.13 Bn |
API Access
Travel & Leisure Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=TNL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "TNL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=TNL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();